About This Home
This 0-bedroom, 0-bathroom other at 132 Spring St in Newton Town, NJ is listed for $550,000. Built in 1938, on a 0.07 acres lot.
Key Features
- Built in 1938
- 0.07 acre lot
Property Details
Prime Downtown Newton Redevelopment Opportunity. Exceptional investment and development opportunity in the heart of thriving downtown Newton, the County Seat. Prominently located on desirable Spring Street, this commercial building is ready for a complete rehabilitation, offering a rare chance to reimagine a cornerstone property in one of Northwest New Jersey's most active and walkable business districts.
Surrounded by established restaurants, boutiques, professional offices, the courthouse, and in close proximity to Sussex County Community College property, this location benefits from steady foot traffic and strong community presence. Ideal for mixed-use transformation, the property lends itself to a dynamic redevelopment concept featuring three st
reet-level retail spaces with residential apartments on the upper floors (subject to approvals), creating an attractive blend of commercial vitality and residential demand in the downtown core. Whether you're an investor, developer, or business owner seeking a signature downtown presence, this is a blank canvas with substantial upside potential.
The included conceptual rendering reflects one vision for honoring the historic character of the site while maximizing modern commercial and residential appeal through thoughtfully designed upper-level apartments positioned above vibrant ground-floor retail. Property requires total rehabilitation. Buyer responsible for all due diligence, inspections, zoning verification, and approvals.
Monthly Cost Estimate
$2,942/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
132 Spring St
Newton Town, NJ 07860-2009
Downtown
Questions & Answers
This 0-bedroom, 0-bathroom other at 132 Spring St is listed at $550,000. The estimated monthly payment is $2,941 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1938, 0.07 acre lot.
This property is listed by CHRISTINE TREMAIN and can be reached at (973) 219-5355.
